Hamster Kombat Rejects Funding Offers From Investment Funds

Despite receiving numerous funding offers from investment funds, the Hamster Kombat development team has decided not to accept any money.

Hamster Kombat Rejects Funding Offers From Investment Funds

Recently, Hamster Kombat has garnered significant attention with the promise of a massive airdrop, accounting for up to 60% of the total HMSTR token supply.

Notably, the Hamster Kombat team has revealed that they have received numerous investment offers from leading VC funds, but they have “rejected them all.” According to the team, this decision aims to protect players and maintain the core goal of the project: to provide an “authentic” gaming experience, respect the efforts of gamers, and only reward those who truly play the game.

Hamster Kombat announces it will not accept money from investment funds
Hamster Kombat announces it will not accept money from investment funds

Currently, many web3 games do not genuinely focus on game development but instead on attracting as much VC investment as possible, subsequently using the player base to create liquidity for these funds.

In July, Hamster Kombat celebrated the milestone of 300 million players just a few months after its launch. It has become one of the most popular games on Telegram, known for its extremely passive income generation mechanism through the simple Tap-to-Earn system.

The project team has released a whitepaper, confirming that 60% of the total token supply will be airdropped to players, declaring that “this will be the largest airdrop event in cryptocurrency history.” The remaining 40% will be allocated for liquidity provision, partnerships, ecosystem support rewards, and other purposes.

Related: Top 5 Telegram Airdrop Projects Most Worth Participating In

The project also announced new upgrade versions to attract more players and prepare for the second season of the airdrop in the future.

In addition to Hamster Kombat:

  • Catizen is also awaiting the announcement of its airdrop and listing.
  • Most recently, DOGS will announce its airdrop and listing on August 14, 2024.
(2 votes)

4.5/5

(2 votes)
  1. Avatar of
    Anonymous

    Wonderful

Comments are closed.

Latest

Key Factors Driving Xrp’s 30% Surge

News | Altcoin | Editor Choice

Key Factors Driving XRP’s 30% Surge

XRP's price could surge 75% due to a bullish technical pattern and favorable legal developments following the SEC's lawsuit closure against Ripple.

How To Participate In Litas Airdrop

Airdrops | Editor Choice

How to Participate in Litas Airdrop

Join the airdrop hunt for the Litas project, which has just successfully raised $20 million! Currently, the project is running a program to earn free points, and these points will be converted into tokens during the TGE.

Binance Australia Impersonated By Scammers

News | Editor Choice | Policy & Regulations

Binance Australia Impersonated by Scammers

The Australian Federal Police have warned of a sophisticated cryptocurrency scam via SMS, where scammers impersonate legitimate exchanges like Binance to trick users into transferring assets to wallets they control.

Bitcoin Plunges After Trump’s Crypto Summit

News | Bitcoin | Editor Choice

Bitcoin Plunges After Trump’s Crypto Summit

Bitcoin experienced sharp volatility after Donald Trump's speech at the crypto summit, as the market reacted to rumors and Federal Reserve policies.

Cracked Tradingview Is A Crypto Stealing Trojan

News | Editor Choice | Policy & Regulations

Cracked TradingView is a Crypto-Stealing Trojan

Scammers are posting links to malware-ridden software disguised as a free version of TradingView Premium on Reddit.